New Trends in Talent Management
Trends in Talent Management are erratic in a way that most of the time, there would always be changes with how things work around an organization. To summarize the points, perhaps it is worth note-taking that this may be divided into three essential parts: development; redeployment; and retaining the most talented employees. Thus, these three parts of the talent management aspect enable an organization to be attuned with the new needs and trends of the industry. In this article, I will be sharing with you some of the trends in talent management.
1. The bloat of Population Workers
This pertains to the idea of the age bracket of all the workers. Do they belong to a specific younger generation or the older one? This trend could result in how an organization works based on the type of workers they have. Through this, a lot of innovations could be done, all to reinforce the level of productivity in the workplace.
2. Technological Aspects
Systems, portals, and all other organization technical stuff would go in here. What are the trends concerning technology attached to the organization? How do people use this? How do workers use such material? These are the trends that are under this category. This way, it could be seen which one is updated and which one is not.
3. The war regarding Talent
Workers are transferring from one place to another since there would be the tug of war situation when it comes to the talents of the workers. In this case, the trend about how to pirate and how to sustain workers is the hot issue.
4. Talent Management and Human Resource
The ability of the Talent Management team to work correctly in developing the needs of the employees would eventually lead to a better human resource activity. The hiring, maintaining, and finally release of employees would make everything easier through talent management trends.
5. Talent Promotion from Within
How do the organization manage its employees regarding promotion and all other privileges? This may not be as interesting as other aspects, but I am telling you now that this specific topic trend is what makes the workers stay in an organization.
6. Choice Initiatives
If an organization is geared towards hiring the best talents, then there is a need to provide these workers with the necessary initiatives. May it is in the form of money or other rewards, all of these falls under this trend. For as long as the organization is willing to adjust to give the needs of the employees, then all is set towards a better course. All these choices will be better for an organization.
These trends should not be taken for granted since these could help a talent management team to handle matters concerning the work. Being attuned with the pattern will always be one of the topmost priority of the talent management team. After all, the overall idea here is that the team could give their best shot in managing the organization and at the same time taking good care of all the workers under their supervision.
Talent Management is a crucial stage in the organization, this stage is major course in directing your business or company. Talent Management includes, hiring of workers, training, coaching and developing of competencies or skills. In hiring workers in the company you need to chose the best and fit to the position you are looking for. This is an important concept or principle behind hiring of workers it is because hiring the best that fit to the position can make adjustment easier and the time element during the learning process requires short period of time, furthermore, you can save in terms of time and finances, it is because the worker is ready for the job. Training of employees or workers in the organization is a wise decision, because all learnings during the training process like, seminars, workshops and other advancement will benefit both the company and workers, it is because those learning will be use in the performance of duty. This will give update of the competency and skills of worker to make the job easier and faster. And finally, will raise the level performance. As HR practitioner you have to be cautious in everything, like observing workers weakness and strength in the organization, It is necessary to know the basic information of the employee to understand his/her better. This will gave you idea of the current behavior, and this is the time to coach or motivating in the constructive way. To make the workers realize that the organization values every workers in the organization.
Now, you may say the employee in the organization is ready and equipped with all the necessary wisdom, talent and skill to make the company progressive and productive.
so interesting to read your blog.
Interesting read… and very informative too. Talent needs to be constantly promoted for better results for the organisation and over-all development of the economy
Talent Management is I think one area which I think every organization or company wants. As an HR practitioner I want the best leadership, I want the best of talents and that is a shortage nowadays. Getting good people, retaining good people and training good people is one of the biggest challenge as an HR. One of the readings I had Mr. Randy Lewis the SVP of Supply Chain and Logistic at Walgreen said that one of the best Trends in Talent Management is to focus more on Principles rather than Rules. It means that we need to. Look at what we need to accomplish and who are the people who can help us accomplished it.
New Trends in Talent Management taught me how to manage a talent carefully in this modern world. As the world continues to improve and the competitors of talents are getting bigger, the 6 Trends in Talent Management are very important for me. They help me realize that every talent is essential for the success and growth of the company. Without them, there will be absence of physical effort and skills that would accomplish company’s goals and objectives. So, careful talent management is a must. Based on the article, the first trend in talent management is all about analyzing the younger employee and the older employee. It is necessary so that employees would be distributed according to where they could perform well based on their age. Younger employees should do the technology-related activities because most of them are technologically literate. And that’s where innovation comes in.
The second trend in talent management is all about utilizing the available technology needed for research and innovations. This is very important because a company should always look for something new and trendy for the people.
The third trend in talent management and also the last three trends as stated on the article talked about addressing the war regarding talent. So it is best to recognize employees in a way of giving employees rewards and incentives that will encourage them to be better and also nurturing their hidden or apparent talents so that they can build a better career path for themselves and the company would be able to reap the best results out of them.
Global transformation has been influencing the workforce through technological advancement. For without technology it is nearly impossible to function and the processes will be slow. Traditional practices may not be applicable due to emerging trends in the business world. The challenge to HR is to be flexible in adapting to this current situation. Talent management is now use in majority of role to deliver employee mobility.
More experience and high demand for educational standards are being set today. Unlike before, having post graduate studies are required for promotions. Most companies redesign their organizational structures to meet this demands. Facilitate modern ways of communication and productivity tools to develop employee experience. This will help employees maximize their full potential at work and personal growth. Flexibility is very needed now a days for some companies are able to give responsibilities after office hours, thus making the company attractive to prospect pool of talent. Other companies are grooming their talents like having educational benefits to establish their talent pools and assess these strength through time. The war for talent is the most challenging thing for the HR. Retaining and promoting talented employees are essential for empowering the organization. Talent management helps the HR in managing these trends to ensure that talents are being nurtured and continuously growing.
The world is in a constant change, new trends will arises, new fashion where born, new talents to be handle. If changes will arise we need to retrain and adopt by developing our employees in order to them to be equip in the new trends, by retaining and development of the employees. If new trends where born we need to consider the organization this aspects:
The bloat of Population Workers, we must regroup our employees according to the generation, because every generation they have a way in working that some older generation didn’t agree but they have same results. Technological Aspects we all know that technology is fast in developing their technology we must consider also of retraining them in order to easily finish the work. The war regarding talent, we must consider also the compensation of our company if they are secure in the company, example of this in our company was there are many Job Order where suitable in the position but they can easily promoted to that position. They opted to find a Job that has good compensation. Talent promotion from within it is good to have promotion from within because we cannot consume more time in orienting the new employees , because they already know the policy, the rules, and the nature of work, in the organization where I belong it is hard for them to promote employees from within because of the political issue.
The trend in Talent Managent has to be closely linked to the company development trend. Employing staff to fill vacant position, redeploying following the business trend to where staff are needed and keeping an eye on talents with a view to promoting them so they fulfill an enhanced role within the company and remain key employees.
Trends in technology and workforce agent should again be linked to the company trends. If the company needs high tech system or mature or younger staff then it should be reflected in the employment and talent management policies.
Among from the new trends mentioned , there is this one most important trend and that is the talent promotion from within. It is beneficial for a company to promote talents internally but then if the employee has already been given an opportunity to have a win win situation for a promotion then that employee must think that along with the promotion is the raise of compensation or the improvement of one’s work environment and in that regard the employee must also be able to grasp quickly the idea of educating oneself to be aligned into a certain post or skillset that has been granted for his/ her promotion.
New Trends in Talent Management are the most important thing to study and to update those trends we need to familiarize and implement new things or ideas in the organization so that we can be aware of today’s culture. Trends quietly emerged from time to time because of technology and environmental changes. For me, I agree with this article about the six trends in talent management because we can see the structure of trends and problems in talent management. Let me add some points regarding these six new trends about talent management, so first the bloat of population workers, as an Hr staff in my current organization there is a big adjustment because I’ve experienced that kind of trends when it comes to the workplace, there’s a mixed attitude that we encounter every day regarding an old and younger employees. Different culture and perspective in the workplace make you difficult to involve in their culture if we don’t allow our self to be part of their culture. Second is the technology aspect, technology is another trend in talent management because of the changes in the system, there’s a difficulty to catch with those new systems if we don’t have time to be updated and familiarized the current technological system. The third is the war regarding talent, nowadays people are very competitive, improving their self to become effective and efficient employees in order to entice those company having good benefits to employ them as new employees in that organization. This kind of trends needs to be addressed and make a strategy to prevent the practices in pirating employees in other organization. Fourth is talent management and human resource. These two important roles in Hr department must connect and cooperate in order to have a successful and structured organization, both are necessary because if one is not functioning the other one will be affected and both will become useless and futile. The fifth is the talent promotion from within the organization and must be more careful because it’s a sensitive trend. We know that the basis of promotion is their good result of evaluation but in some other aspects they promote because the term of OBSEQUIOUS way and many are affecting those ways if the boss is not looking for his/her own works, but on another side of aspects promotion can give a motivation to the employees and strength with both physical and emotional. The last but not the least is the choice initiatives, as far as I know, choice initiatives are all about rewarding or incentives of an organization that is provided to all talented employees to give some motivation and encouragement to work. This kind of trends is also one of the main factors that we need to consider as important because some employees need some incentives to provide their material needs outside of work. All these trends are very essential and important that we need to be aware of these new trends in our workplace, especially in talent management.
Talent Management is defined by wikipedia as the anticipation of required human capital for an organization and planning to meet those needs.
Furthermore, Talent Management focuses on the hiring and selection of potential candidate and managing their ability, skills and competencies until they become top performers and eventually be promoted.
Different industries now are into Talent Management the reason why each makes sure that they have the best Talent Management to ensure that they gain and retain the best employees.
The following are worth noting in relation to the importance of Talent Management:
1. The current workers now are from different generation, thus level of productivity is affected.
2. Technological aspect is also an important aspect since most industries are into technology-based tasks.
3. As mentioned in the 3rd paragraph, it is very important for a company to make sure that they have the best employee and that they can retain them. Talent management is now gaining momentum and importance and it is a critical business function. If the company does not identify and encourage its own employee talent, another company will and that company will reap the long term benefits.
4. Having witnessed the evolution of Talent Management in one of my work experienes, I can say that it really helped a lot. Since HR Management is somehow traditional (focusing on the administrative side), Talent Management is the one helping in achieving the highest potential of the employees through its programs.
5. Talent Management is best in developing employees, professionally and personally leading to the latter’s promotion.
Reading the article would mean that, an Organization must be Innovative and Competitive in order to survive or sustain a Business.
Development, Deployment and Retaining the most Talented Employees would mean “Cost” to an Organization but that will help them keep the Business running and successful.
In an industry were competition is rigid and tough, I would strongly recommend that they should invest on projects, programs or equipment’s that will help improved their employees productivity and sustainability. This way, there Business Grow and Employees got the opportunity to improve themselves.
Overall, what I can conclude is, for an Organization to develop a sustainable Business they need to put more attention to the needs of both their Employees and their Customers/ Client.
This article is really helpful and useful to current and aspiring talent managers like me. I believe that for any business, company, or organization to be able to develop their employees or workers well, it has to be informed with the current trends of Talent Management. It seems that the famous quote in stock trading, “The trend is your friend” can also be used in Talent Management.
When a talent manager is familiar with the current trends, he or she will be able to strategize and align his or her plan accordingly. This way, the manager can also make necessary changes that will affect the future of the company. For example, in the number or kind of generation of workers the company has, the talent manager will be able to identify the future situation the institution will be into. If it has a majority of senior workers, it would mean that in the coming years many of the key positions will be vacant and so talent managers will be keen in developing pieces of training to younger employees that in due time they will be ready and able to fill in the position. Another example is when there is a new trend in the technological aspect in the same industry of the company, it means that talent managers should be able to prepare their workers to make use of this technology for the betterment of the company and to be relevant to the times.
Talent Managers should be guided by the principles mentioned in this articles. As talent manager, one must be updated with the trends in Talent Management so that he can also manage the people well and knows how best to enhance and develop their performance using the latest available materials and technologies.
We are in the millennial stage of workforce and in this era, new trends in Talent Management are also popping up like mushrooms after the rain. How to manage these trends are both a blessing and a challenge to HR people, since most of the time talent management personnel are under the HR Manager.
The bloat of population workers is to be managed properly because it is directly connected to the Technical Aspects of an organization. If the organization is more aligned into technology or leaning towards being hi-tech, it is understandable if management would hire or retain employees that are much younger and are techy than those that are a bit older and not that knowledgeable of the new technology. That is the challenge that Talent Management personnel should scrutinize or study further to be able to meet the needs or requirement of the organization. We could not argue with the experience that older employees have but, in the end, it all boils down to the needs of the organization to be able to compete and be on top of the competition ladder.
Retention of the best talents that the organization have versus letting go of not so needed workforce are still dependent upon the top management – on how they can sustain the retention of their best talents and letting go of the latter through monetary aspect. In the end, top management support is still the key to the success and downfall of an organization through the help and expertise of Talent Management.
One of the oldest quotation most of us will always remember is the line, “change is the only constant thing in the world”. Whether we admit it or not, unnoticeably, change has been constantly affecting business requiring them to adapt with the latest trends in doing business, practices in managing its resources, and even planning for the future desired state of the business.
Even in the field of human resources specifically in Talent Management, trends affect how the management should address all issues concerning its manpower and their talent and competencies required of them to do the job effectively. As discussed in the blog, the increase in population, technological advancement, the war for talent, and even the practices concerning promotion and decision function of the company affects Talent Management.
A concrete example of this is my own organization which is experiencing a tough task specifically with the implementation of K-12 program of the Department of Education. This trend affects how the school manages it employees especially those teachers who need to move down from the college department to the senior high school department due to a smaller number of population in college and an increase in the senior high school department. Another, the school is also providing INSET (In-Service Training) to its faculty which includes lessons on research, technological updates on how to teach effectively, and other trends when it comes to effective classroom management. These trends in Talent Management are imperative especially if the goal of a certain institution is to have competitive employees despite the ever-changing business world we have.
All these trends will just continue and there is no perfect way for a business to adapt with these changes but to be proactive in all its actions. They need to focus on what the company wants to accomplish in the future and where they want to be. Adaptability and flexibility is the key.
As technology develops in a rapid pace, and the population is aging, the potential for radical transformation in the workplace will always be changing. Humab Resource managers needi to continually to be flexible in adapting to new situations abd keeping abreast on top of emerging trends.
The new trends in talent management is enabling abd developing people, since tge quality of an organization is determined by the people it employs and has onboard. After hiring and deploying, it is said that retaining abd nurturing talent is very essential
Different trends in talent management is a critical process that enables an organization ti compete abd stand out in the market place.
From amobg tge six trebds in talent management mentioned, the war regarding talent as well as the talent management and human resource is considered the mist controversial issues in tge institution that I am presently working, since, it is a government agency. I may consider that talent management is not fully utilized because”padrino” system is still being practiced. You csn have the position even if you are not the best talent for the position.
Finding and retaining the best talent is the most difficult aspect of human resource management. Most of the organizations globally are facing a scarcity of talented employees, thus, causing a brain drain in a certain profession just like nursing, moreover, it is difficult ti retai them especially if remuneration is an issue
Research shows that there is a clear link between talent isdues and overall productivity.
To end, as the world is aging and population is growing, technology modernization is also at its pace, new trends will always arise to keep abreast with the fast pacing war in all asoects of human life, thus, we need to keep attuned on order for us not to left behind.